The company also announces 5 million monthly active users and $45 billion in pass-through transactions between January 2017 and June 2018, rivaling Paypal’s Venmo’s yearly volume.

“We believe that the future of blockchain technology lies in complete decentralization,” said Ben He, Founder and CEO of imToken. “We believe today’s initiatives for imToken 2.0 will set the roadmap for a fully decentralized ecosystem that the industry and users will get behind.”

“We believe that with a mature regulatory environment, Singapore is the ideal launchpad for us to kickstart our global ambitions,” said He. “Countries including Indonesia rapidly growing into one of imToken’s largest markets, and we’re looking forward to building out our initiatives in Asia.”

To learn more about imToken, visit token.im. For the press kit visit here.

About imToken

Founded in 2016 by Ben He, CEO of imToken, the world’s largest Ethereum digital asset wallet, used by the leading cryptocurrency investors worldwide. Backed by IDG Capital, imToken offers support for 30,000 tokens and internationally recognized for its security features as a digital asset management tool. imToken is headquartered in Singapore.